Plucky Bamboo Podcast - Alex Blum of Applied Bioplastics

Bioplastics have existed for over 30 years. Almost none of that industry has ever turned a profit. Alexander Blum, founder of Applied Bioplastics, is trying to become the first. Through building a distributed manufacturing model, pricing his product to actually compete in the markets that matter, and refusing to raise capital the way the rest of his industry does, he's closing in on something the sector has never achieved. In this episode of The Plucky Bamboo Podcast, we dive into: 💡 Why an industry the world needs has never made real money 🏭 Centralised vs. distributed manufacturing, and why the wrong choice has sunk competitors 🌏 Why most bioplastics companies are fighting over the West while ignoring where 60-70% of the world's plastic is actually consumed 💸 The funding mistakes that have cost Applied Bioplastics money, and the ones black swan events cost them anyway 🔑 What Alex tells every scientific founder who thinks the tech will speak for itself Applied Bioplastics makes durable, bio-based plastics for industries from automotive to gardening, built to compete on price and performance, not just on sustainability. Watch now to learn what it actually takes to build a profitable business in an industry that has spent three decades proving it's possible to lose money doing good. 🎧 Listen to more episodes of The Plucky Bamboo Podcast:    • The Plucky Bamboo Podcast   🔗 Connect with Alexander Blum:   / alexappliedbio   🔗 Learn more about Applied Bioplastics:https://www.appliedbioplastics.com/ 📩 Connect with me:   / chrisg-jones   ——— Building a climate or sustainability business and feel like the growth still runs through you? Take the free Growth Diagnostic - 6 minutes to find the biggest bottleneck holding your growth back, and see how you compare to 300+ climate founders: pluckybamboo.com/growth-diagnostic